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This paper examines the role of trade credit in a comprehensive panel of 290,301 SMEs across 15 European countries over …
Persistent link: https://www.econbiz.de/10012904371
Europe. We find that (i) larger firms are less efficient than smaller firms, (ii) greater leverage contributes to corporate …
Persistent link: https://www.econbiz.de/10010510115
The emerging Europe has been hardest hit by the surge in the non-performing loans (NPLs) in the aftermath of the global …-crisis period. We quantitatively study the determinants of loan losses in static and dynamic panel models with a focus on the …
Persistent link: https://www.econbiz.de/10010461392
Europe and are most severe for Southern European firms …
Persistent link: https://www.econbiz.de/10012868168
. Basically the estimation results confirm that introducing a product innovation is positively related with demand and provision …
Persistent link: https://www.econbiz.de/10010338387
in thirteen countries in Western Europe. We find that net trade credit decreases gradually for the whole period. On the …
Persistent link: https://www.econbiz.de/10013100722
We examine the use of trade credit in Western Europe by relying on a sample of 182,296 small firms for the period 2003 … that countries’ cultural norms play a key role in explaining trade credit differences in Europe. We find that in countries …
Persistent link: https://www.econbiz.de/10013219575
Persistent link: https://www.econbiz.de/10011297737
This paper studies the relationship between trade credit and innovation. While trade credit is well researched in the finance literature, its link to innovation has been neglected in prior research. We argue that innovative small and medium-sized enterprises (SMEs) are more likely to use trade...
Persistent link: https://www.econbiz.de/10008652580